Griffiss Institute

The Griffiss Institute (GI) was established in 2002 as an independent 501(c)(3) entity governed by a Board of Directors. The primary role of the GI is to advocate and facilitate the co-operation of private industry, academia and government in developing solutions to critical cyber security problems. Another prime role is to build upon technologies under development at the Air Force Research Lab (AFRL) Information Directorate to further strengthen the security of our nation's cyber infrastructure. By partnering AFRL with private industry and academia the Griffiss Institute is able to facilitate and grow the technology base of the Upstate NY region. We are focused on providing an environment conducive to the growth of technology and ideas by creating a collaborative research environment accessible to AFRL, local business and academia with the expressed goals of fostering research leading to new solutions in information assurance and spinning out new business opportunities. Member of the Business Incubation Association of New York State.

Heather Hage

CEO and President

9 past transactions

EMPEQ

Grant in 2023
EMPEQ is a technology company that offers a software-as-a-service (SaaS) solution designed to enhance energy efficiency in commercial buildings. Their innovative platform employs computer vision to identify mechanical and electronic equipment, providing users with important insights such as the age, remaining useful life, country of origin, and authenticity of parts. This technology is particularly beneficial for professionals working with critical infrastructure systems, as it streamlines the process of repairing or replacing equipment. By addressing the upfront cost barrier associated with energy-efficient upgrades, EMPEQ enables small to mid-sized organizations to access energy-efficient solutions more easily, thereby promoting sustainability and reducing energy consumption.

Accessible Automation

Grant in 2023
Accessible Automation is a long-distance wireless systems for home, business, and government applications. Accessible Automation initial product is a wireless thermostat that allows to control the temperature of your house from the comfort of your couch.

CyberSpara

Grant in 2023
CyberSpara offers a simulation-based educational model that uses gamification principles to educate internet users on common privacy and security vulnerabilities encountered on social media platforms. They offer Digital-PASS to empower individuals to mitigate security threats from the Internet.

BosonQ Psi

Seed Round in 2023
BosonQ Psi is a simulation software startup that focuses on advancing computational simulations through quantum computing, particularly for the aerospace and electric vehicle industries. The company's flagship product, BQPhy, leverages novel quantum algorithms to enhance engineering solvers, allowing clients to significantly reduce production costs and computing time, potentially saving between $500,000 to $2 million. BQPhy is designed to perform multiphysics simulations, addressing complex industrial processes such as computational fluid dynamics, structural dynamics, heat transfer, and multidisciplinary optimization. By integrating advanced quantum computing capabilities, BosonQ Psi aims to transform the technical landscape for multiphysics simulations, attracting interest from end-users in aerospace, automotive sectors, government research and development labs, and other quantum technology companies.
Paterson Aerospace Systems raises environmental awareness in the aerospace sector through research and innovation.

Drone city

Grant in 2023
Drone city creates elegantly designed drones and controlled with safety and quality in mind. They take pride in developing a people-friendly drone delivery service and drones are outfitted with advanced sensors, cutting-edge spatial awareness technologies, and automatic safety parachute mechanisms.

Llume

Grant in 2023
Llume is a company specializing in advanced sensing technology that utilizes fiber optics to monitor key physiological metrics in athletes. Their innovative soft and stretchable fiberoptic sensors measure movement, pulse, and breathing rates by analyzing chest expansion and vibrations. This technology provides users with actionable insights into their fatigue, recovery, and overall performance levels, enabling them to optimize their training and athletic outcomes.

Imagine Aerial

Grant in 2023
Imagine Aerial uses advanced UAS (drone) technology to acquire large, complex, and detailed datasets that it distributes to its clients in concise, easy-to-use packets from which it is developing its own Intellectual Property in collaboration with the Air Force Research Labs and the US Department of Defense.

ThermoAI

Convertible Note in 2022
ThermoAI uses patent-pending proprietary machine learning algorithms to optimize the total processes of industrial combustion. How does the moisture content effect reaction temperatures? How does falling atmospheric pressure impact the amount of fuel needed? What is the exact optimal level of air intake to ensure perfect combustion? Our systems constantly monitor all factors and are constantly optimizing levels to keep a close to perfect combustion. Saving fuel, increasing energy output, increasing the lifetime value of expensive parts, and lowering emissions.
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